JP Morgan Maintains Overweight on Mastercard, Raises Price Target to $570
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains an Overweight rating on Mastercard and raises the price target from $500 to $570.
August 20, 2024 | 2:39 pm
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POSITIVE IMPACT
JP Morgan analyst Tien-Tsin Huang has maintained an Overweight rating on Mastercard and increased the price target from $500 to $570, indicating a positive outlook on the stock.
The increase in price target from $500 to $570 by JP Morgan suggests a strong positive outlook for Mastercard. The Overweight rating indicates that the analyst expects the stock to outperform its peers. This is likely to have a positive impact on the stock price in the short term as investors may view this as a bullish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100